Fortinet (FTNT) Tops Q1 EPS by 15c, Offers Guidance

Fortinet (NASDAQ: FTNT) reported Q1 EPS of $0.94, $0.15 better than the analyst estimate of $0.79. Revenue for the quarter came in at $954.8 million versus the consensus estimate of $884.76 million.

GUIDANCE:

Fortinet sees Q2 2022 EPS of $1.05-$1.10, versus the consensus of $1.13. Fortinet sees Q2 2022 revenue of $1-1.04 billion, versus the consensus of $1.01 billion.

Fortinet sees FY2022 EPS of $5.00-$5.15, versus the consensus of $4.96. Fortinet sees FY2022 revenue of $4.35-4.4 billion, versus the consensus of $4.3 billion.

For earnings history and earnings-related data on Fortinet (FTNT) click here.

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